Market Update: Crypto Market Remains Steady at $2.79 Trillion with Minimal 0.14% Growth

The crypto market remains steady at $2.79 trillion with minimal 0.14% growth over the past 24 hours, based on the latest update by CryptoRank.

The crypto market is showing minimal change with a 0.14% increase over the past 24 hours, keeping the total market capitalization at $2.79 trillion. This steadiness comes despite a 0.97% decline in the 24-hour spot trading volume, which now stands at $35.28 billion.

President Trump’s comments may also be influencing market emotions. Trump has been urging that interest rates should be coming down now.

These comments perhaps suggest a more accommodating monetary climate that will generally favor risky assets, like cryptocurrencies.

Bitcoin price rises 0.38% to $84,715. (Image Credit: CryptoRank)

However, despite these developments, top cryptocurrencies have not moved significantly. Bitcoin price rose by a minimal 0.38% to reach $84,715. It continues to hold the majority of the market capitalization, at 60.23%.

Among large-cap cryptocurrencies, Bittensor (TAO) stands out with a 10.8% gain. Its price reached $254.1, and it has a market capitalization of $2.19 billion.

Other significant large-cap gainers include Artificial Superintelligence Alliance (FET) with an 8.54% increase; Immutable (IMX) showing a 7.54% rise; Hyperliquid (HYPE) advancing by 5.57%; and Render (RENDER) climbing 5.18%.

In the small-cap space, the highest action is in this segment, with all tokens seeing double-digit increases.

Reef Chain (REEF) is leading the small-cap gainers today with an impressive 116% increase. Its price has surged to $0.00046, and it has a market cap of $19.4 million.

Another notable small-cap performer is MASA, which experienced a significant 57.2% price surge.

Also making notable gains are Sendcoin (SEND) with a 31.6% price increase; Kishu Inu (KISHU), which saw its price rise by 30.3%; and OpenLoot ($OL), which experienced a 30.2% price gain.

Several meme tokens have seen triple-digit price drops. FARTCOIN, BABY, and BERA have each dropped over 10%. Top altcoins are also falling. Ethereum ($ETH) falls 1.16% to $1,580, while XRP drops 1.69% to $2.06.

The crypto Fear & Greed Index stands at 33, which falls within "Fear" territory.

In recent fundraising activities, ORO AI has secured $6 million in funding. Neutrl and Glider have also attracted investments of $5 million and $4 million, respectively.

On the infrastructure and technical side, Galaxy Research unveiled a new voting mechanism designed to mitigate Solana’s inflation. This initiative is likely to impact the long-term value proposition of the SOL token. Additionally, EigenLayer has completed the integration of mainnet slashing on April 17.

Coinbase has also made significant upgrades to its platform. The exchange has introduced Solana wallets and completed the integration of a new technology that significantly enhances Coinbase’s capacity to process blocks. This upgrade will reportedly increase the platform’s throughput fivefold.

The Bitcoin dominance level is 60.23%, a 0.25% rise from yesterday. Ethereum's dominance, however, is reduced by 1.42% to 6.83%. This would indicate that money is being transferred back from altcoins to Bitcoin.